Months’ supply of inventory was down 23.5 percent to 1.3 months. A balanced market is about 5-6 months of supply. 1.3 months of supply indicates a pretty extreme sellers’ market.
[youtube https://www.youtube.com/watch?v=2J9OfhEQkPE&w=560&h=315]
Months’ supply of inventory was down 23.5 percent to 1.3 months. A balanced market is about 5-6 months of supply. 1.3 months of supply indicates a pretty extreme sellers’ market.
[youtube https://www.youtube.com/watch?v=2J9OfhEQkPE&w=560&h=315]
All information deemed reliable but not guaranteed and should be independently verified.